StarbuckStartups.com “Jedi Funding Series Pitching an idea to an investor” by Jedi SteveDecember 17, 2015 • By OrganicXpression.com
I am Stephen T. Jones aka Jedi Steve. I am a Visionary, Inspirational Speaker, and founder of OrganicXpression.com. Read More Click Here!!!
Recently I was talking to one of my friends Kevin who only to month ago he decided to become an entrepreneur. I must say Kevin is very creative and like most of us he has problems committing but surprisingly he is committed to not being committed.
This is where it gets interesting about a month ago Kevin came up with a solid idea and tell you the truth knowing Kevin I didn’t feel he was gonna commit.
It even gets more interesting about two weeks ago he went to an event and he met an investor at a Network Marketing Event and impressed him impressed him enough to book an appointment with him.
Before the meeting Kevin was so excited because although he is a good communicator he had never pitched an idea…for a minute I wasn’t concerned what words Kevin was gonna choose. As Kevin was talking my only concern was he was gonna push to hard which stresses out investors or collaborators which most of the time we can’t see until it is to late. How this shows up to most of people don’t return calls, they move on to something else, they get busy and we never here the real reason…
What’s the solution?
We co-created I said pitching an idea is like Ping Pong…
it takes touch
IF YOU HIT TO HARD IT GOES OF THE TABLE
IF YOU HIT TO SOFT IT HITS THE NET
THE INVESTOR WANTS YOU TO HAVE PASSION
BUT THEY ARE MAINLY LOOKING FOR THESE 3 THINGS
- DO YOU HAVE A GOOD PRODUCT
- CAN THEY MAKE MONEY
- ARE YOU COACH-ABLE? BECAUSE THEY WANT TO MENTOR YOU…
THE MORE PUSHY AND
DEFENSIVE IT DOESN’T MATTER HOW GOOD OUR IDEA IS OR THEY DO A DEAL WITH YOU AND CONTROL THE FUCK OUT OF YOU…THEY TAKE YOU TO THE DARK SIDE.
IN YOUR OWN WAY TAKE SOMETIME TO VISUALIZE YOURSELF
PITCHING YOUR IDEAS LIKE A
FRIENDLY GAME OF PING PONG
IN JUST TWO MEETINGS
KEVIN WAS ABLE TO NEGOIATE
FIRST AND ONLY BUSINESS DEAL WITH
AN ANGEL INVESTOR
JUST LIKE A FRIENDLY GAME OF PING PONG.
IF YOU EVER MEET KEVIN MAKE SURE YOU DON’T LET HIM KNOW WHAT HE DID
IS FUCKING IMPOSSIBLE?
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